Access to credit, the value of credit in managing personal finances, and fear of debt are all coming into play at a time when over 60% of U.S. households live paycheck to paycheck, including those bringing in six-figure salaries, with many struggling to make ends...
The Telos Foundation has teamed with GameStop to help mainstream Web3-based gaming. The collaboration lets the Telos blockchain access game distribution through GameStop Playr, the company’s planned Web3 game launcher, the Telos Foundation said in a Thursday (June 1) news release. “This collaboration signifies a meaningful...
eBay has begun authenticating streetwear as part of its push into the luxury market. Beginning Thursday (June 1), the online marketplace will include streetwear along with sneakers, watches, jewelry, handbags and trading cards in its authentication program, according to a Thursday press release. “eBay has...
In the previous quarter, PYMNTS dubbed Nordstrom’s strategy of excessive discounting as the “big blue mistake.” However, on Wednesday (May 31), the retailer has proven itself resilient by posting a surprise quarterly profit and surpassing revenue estimates. The company’s turnout was attributed to improved inventory...
JPMorgan Chase is giving business clients deeper access into its $9.6 trillion payments network. The banking giant on Thursday (June 1) debuted its Payments Partner Network, a digital platform powered by Salesforce that lets merchants and corporate treasury clients view and tap into a matrix...
Petco, where the pets go. That’s the motto the specialty retailer aims to bring to its latest retail development: Petco’s flagship store in Union Square in New York City. The store is open and located at the corner of 17th and Park, at 44 Union...
General-purpose digital wallets started life in most parts of the world, including the U.S., as substitutes for physical credit cards at the point of sale — and promised to change how people pay. In truth, as Jenny Cheng, vice president and general manager of Google...
The recent banking crisis has strained the U.S. government’s deposit insurance fund. That’s according to data released by the Federal Deposit Insurance Corp. (FDIC) Wednesday (May 31) as part of its quarterly banking profile. It showed that the government’s Deposit Insurance Fund had $116 billion...
Amid the great digital shift, and in the post-pandemic world, the transportation industry is undergoing significant changes. With those changes come new vulnerabilities that need to be addressed as the trucking industry, dominated by small fleets and operators, embraces digitization but remains vulnerable to bad...
